Economy
Sealand has been involved in several commercial operations, including the issuing of coins and postage stamps and the establishment of an offshore Internet hosting facility, or "data haven". Sealand also has an official website and publishes an online newspaper, Sealand News. In addition, a number of amateur athletes "represent" Sealand in sporting events, including unconventional events like the egg throwing world championship, which the Sealand team won in 2008. According to Sealand News, a movie called Sealand is in development. It is currently scheduled to be released in 2013.
As of 11 February 2007, Sealand is also taking bookings for tourist visits. For a period, Sealand camouflage passports were mass-manufactured and sold widely by a Spanish-based group possibly associated with the "exile government" under Seiger. These passports, which the Bates family say were not authorized by them, were linked to several high-profile crimes. All passports were revoked by Roy Bates in 1997.
After HavenCo's unexpected collapse, Sealand's government began the process of building an online casino. The casino is expected to open by the end of 2012, and would employ about 30 staff members to work in Sealand. However, Sealand Casino would be limited in expansion due to Sealand's geographic size.
Read more about this topic: Principality Of Sealand
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)